Senate debates

Tuesday, 22 November 2022

Bills

Emergency Response Fund Amendment (Disaster Ready Fund) Bill 2022; In Committee

9:10 pm

Photo of Murray WattMurray Watt (Queensland, Australian Labor Party, Minister for Agriculture, Fisheries and Forestry) Share this | Hansard source

This fund is, if you like, a subset of the Future Fund. So whatever investment strategy applies to the Future Fund in effect applies to this subset of the Future Fund as well. My recollection is that there's more than one of what I call sub-funds of the Future Fund, but there is one overarching investment strategy that applies across the board.

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